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| Wales unemployment falls by 7,000 to 118,000 | Wales unemployment falls by 7,000 to 118,000 |
| (35 minutes later) | |
| Unemployment in Wales has fallen by 7,000 in the last three months with 118,000 people out of work, the Office of National Statistics (ONS) has said. | Unemployment in Wales has fallen by 7,000 in the last three months with 118,000 people out of work, the Office of National Statistics (ONS) has said. |
| The rate has fallen from 8.4 to 8%, while the figure is 14,000 lower than the same period last year. | The rate has fallen from 8.4 to 8%, while the figure is 14,000 lower than the same period last year. |
| The number of people in employment in Wales is up by 1,000 and there has been a 1,500 fall in those on Jobseekers Allowance since July. | The number of people in employment in Wales is up by 1,000 and there has been a 1,500 fall in those on Jobseekers Allowance since July. |
| The Welsh secretary said it showed UK government policy was working. | The Welsh secretary said it showed UK government policy was working. |
| David Jones said the drop in unemployment was "significant and very welcome". | |
| 'High quality jobs' | |
| "To echo the words of the chancellor in his speech earlier this week, this steady improvement in employment figures show that the economy is turning a corner and that our economic plan is working," he said. | |
| "While there is still some way to go, we are building a balanced, sustainable and broad-based recovery that works for people in Wales and ensures Britain can compete in the global race." | |
| The Welsh government said the statistics were "encouraging" and part of an upward trend in employment and economic conditions. | |
| But in a statement it added: "...while we continue to outperform the UK as a whole, over the year, the outlook for growth, although improved, is still uncertain. | |
| "This uncertainty continues to have a severe impact on jobs, especially youth unemployment, and that is why we continue to be focused on supporting the creation of high quality jobs in Wales." |